Fed’s Collins expresses hope that inflation can be tamed without hitting jobs
Boston Federal Reserve President Susan Collins expressed confidence Friday that policymakers can tame inflation without doing too much damage to employment. “By raising rates, we...
Fed Vice Chair Brainard says it may ‘soon’ be appropriate to move to slower pace of rate hikes
Lael Brainard, vice chair of the US Federal Reserve, listens to a question during an interview in Washington, DC, US, on Monday, Nov. 14, 2022....
Fed officials welcome October CPI but still see tighter policy ahead
Prices of fruit and vegetables are on display in a store in Brooklyn, New York City, March 29, 2022. Andrew Kelly | Reuters Federal Reserve...
Consumer confidence is near its lowest in a decade, and that could be a problem for Biden
US President Joe Biden speaks during a DNC rally in Miami Gardens, Florida, US, on Tuesday, Nov. 1, 2022. Eva Marie Uzcategui | Bloomberg |...
Fed officials Barkin and Collins see possibility for slower rate hikes ahead
Two Federal Reserve officials indicated Friday that they expect further interest rate increases but will be looking closely at whether those moves need to be...
Fed approves 0.75-point hike to take rates to highest since 2008 and hints at change in policy ahead
The Federal Reserve on Wednesday approved a fourth consecutive three-quarter point interest rate increase and signaled a potential change in how it will approach monetary...
Amazon founder Jeff Bezos warns it’s time to ‘batten down the hatches’
Amazon founder Jeff Bezos has become the latest corporate leader to warn about the state of the economy, cautioning that rougher times are likely ahead....
Mortgage demand drops to a 25-year low, as interest rates climb
Mortgage demand, which has suffered four straight months of declines, fell last week to the lowest level since 1997, as interest rates continued to rise....
Fed’s Harker sees ‘lack of progress’ on inflation, expects aggressive rate hikes ahead
Philadelphia Federal Reserve President Patrick Harker on Thursday said higher interest rates have done little to keep inflation in check, so more increases will be...
Fed minutes October 2022:
Federal Reserve officials have been surprised at the pace of inflation and indicated at their last meeting that they expect higher interest rates to remain...